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Payroll · head to head

Volopay vs Wise Business

Volopay logo

Volopay

Payroll

Corporate cards, multi-currency accounts and accounts payable automation for Asia-Pacific businesses

From
On request
Rated
-
Full reviewWebsite
Wise Business logo

Wise Business

Accounting

The smart way to send and receive business payments

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Volopay cross-currency spend within Singapore carries a fee around 3.1%, which is easy to overlook against the advertised free domestic transfers and can dominate total cost for internationally mobile teams.; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • They diverge on capability: Volopay covers Multi-currency business accounts, Wise Business covers Multi-currency accounts.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Volopay and Wise Business actually diverge.

Attributes where Volopay and Wise Business differ
AttributeVolopayWise Business
Starting priceOn request$29/month
Pricing modelquoteusage-based
PlatformsWeb, iOS, AndroidWeb, Ios, Android, Api
CategoryPayrollAccounting
FoundedUnknown2011

Identical on both: free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Volopay

  • Multi-currency business accounts
  • Virtual and physical corporate cards
  • Accounts payable automation
  • Expense management
  • Accounting integrations
  • Approval workflows

Only in Wise Business

  • Multi-currency accounts
  • International transfers
  • Batch payments
  • API access
  • Team management
  • Xero
  • QuickBooks
  • Various

What people use each for

The jobs each tool is most often brought in to do.

Volopay

  • A Singapore-headquartered company paying vendors and staff across several APAC currencies from one accountnot Wise Business
  • A finance team wanting free domestic transfers with accounts payable automation includednot Wise Business
  • A regional business consolidating separate local business bank accounts into one multi-currency platformnot Wise Business
  • A company whose card spend is concentrated in SGD and wants to minimise cross-currency fee exposurenot Wise Business

Wise Business

  • Holding and converting multiple currencies as a businessnot Volopay
  • Paying international suppliers and contractors at the mid market ratenot Volopay
  • Receiving payments into local currency account details in several countriesnot Volopay

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Volopay

  • Cross-currency spend within Singapore carries a fee around 3.1%, which is easy to overlook against the advertised free domestic transfers and can dominate total cost for internationally mobile teams.
  • Cross-border payments in non-SGD currencies add roughly 1.6%, so a company paying many overseas vendors accumulates a real cost that is not visible on the headline pricing.
  • Regional focus on Asia-Pacific means weaker fit for companies whose spend is mainly in Europe or North America, where Payhawk or Extend cover the ground better.
  • Pricing is not published, so despite the specific fee percentages that are publicly known, the underlying subscription or platform fee must be obtained by quote.
  • As a comparatively young fintech, its card issuing depends on banking partners whose regulatory standing in each APAC market can change, and companies should confirm current licensing in their specific country before committing.

Wise Business

  • Opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • Volume discounts on transfers start only above 20,000 GBP equivalent sent per month

Pricing, plan by plan

Volopay

On request
  • Volopay$undefined/month
    • Free domestic SGD transfers and Accounts Payable Automation
    • Approximately 1.6% fee on cross-border non-SGD payments
    • Approximately 3.1% fee on cross-currency spend within Singapore

Wise Business

$29/month
  • StandardFree
    • Multi-currency account
    • Real exchange rate
    • Batch payments

Which should you pick?

Choose Volopay if

  • You need multi-currency business accounts.
  • You work on Web, iOS, Android.
  • You also want virtual and physical corporate cards.
Volopay review

Choose Wise Business if

  • You need multi-currency accounts.
  • You work on Web, Ios, Android, Api.
  • You also want international transfers.
Wise Business review

Questions people ask

Is Volopay or Wise Business better?
Neither clearly leads. Volopay starts at On request and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Volopay or Wise Business?
Volopay starts at On request and Wise Business at $29/month.
Does Volopay or Wise Business run on more platforms?
Volopay runs on Web, iOS, Android. Wise Business runs on Web, Ios, Android, Api.
What is Volopay best used for?
Volopay is most often used for a singapore-headquartered company paying vendors and staff across several apac currencies from one account, a finance team wanting free domestic transfers with accounts payable automation included, a regional business consolidating separate local business bank accounts into one multi-currency platform, a company whose card spend is concentrated in sgd and wants to minimise cross-currency fee exposure. Of those, a singapore-headquartered company paying vendors and staff across several apac currencies from one account and a finance team wanting free domestic transfers with accounts payable automation included are not what Wise Business is typically brought in for.
What can Volopay do that Wise Business cannot?
Volopay covers Multi-currency business accounts, Virtual and physical corporate cards, Accounts payable automation, Expense management. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.

Answered from the vendors’ own pages

Volopay: What currency is Volopay built around?

Singapore dollar as the base account currency, with support for spend and transfers across several other Asia-Pacific currencies.

Wise Business: How fast are international transfers with Wise Business?

Wise Business offers fast global payments with 70% arriving in 20 seconds and 95% arriving in under 24 hours. You can also pay up to 1,000 contacts in a single batch transfer.

Source
Volopay: Are transfers free?

Domestic SGD transfers and the Accounts Payable Automation product are advertised as free; cross-border and cross-currency transactions carry separate fees.

Wise Business: Does Wise Business offer volume discounts?

Yes, volume discounts are available on monthly transfers over 20,000 GBP or equivalent.

Source
Volopay: Is pricing published?

No, subscription pricing requires a quote, though the specific cross-currency fee percentages are disclosed publicly.

Wise Business: How does Wise Business keep funds secure?

Wise customers move over AED60 billion monthly with systems built to keep funds safe. The company runs over 7 million daily fraud checks (80 per second), keeps funds diversified with secure financial institutions, and offers 24/7 customer support.

Source
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